The Trading Pit
The Trading Pit is a global multi-asset proprietary trading firm that offers funded accounts to traders.
Offers CFDs and Futures.
One of the most transparent firm.
Use the code below for 10% discount.
Blue Guardian
Blue Guardian is a UK-based prop trading firm offering traders up to $200,000 in funded accounts, an 85% profit split, and bi-weekly payouts.
Join today and start trading with competitive targets and flexible conditions!
TopTier Trader
Join TopTier Trader and get up to $600,000 in simulated funding, with the potential to scale up to $2 million.
Keep up to 90% of your virtual profits and start your trading journey today!
Are you someone who’s looking for MyFlashFunding Alternatives? ⚡
Look no further!
We’ve compiled for you – 🥁anticipation builds🥁 – the 11 best MyFlashFunding alternatives of 2024!!
That’s right! The best of the best!!
From prop firms with faster-than-flash payouts to iceberg-ish account sizes, we’ve covered it all 😎
Don’t get me wrong – MyFlashFunding is great and all, but it is always better to keep your options open!
So let’s not waste any more time and jump right into it! 💸
Top 11 MyFlashFunding Alternatives 2024
| Prop Firm | Max Account Size | Price | Max Profit Split | Instruments | Platform | Rating |
|---|---|---|---|---|---|---|
| Toptier Trader | $300,000 | $1,681.25 | 80% | Forex pairs, indices, commodities, metals, and cryptocurrencies | MetaTrader4 | 4.5/5.0 |
| Blue Guardian | $200,000 | $999 | 85% | Forex, commodities, indices, stocks, and cryptocurrencies | MetaTrader4/5 | 4.8/5.0 |
| FundedNext | $200,000 | $999 | 95% | Forex pairs, commodities, indices, and cryptocurrencies | MetaTrader4/5 | 4.8/5.0 |
| TopOneTrader | $200,000 | $1,049 | 90% | Forex pairs, commodities, indices, and cryptocurrencies | MatchTrader | 4.5/5.0 |
| FTUK | $90,000 | $1,200 | 80% | Forex pairs, indices, metals, commodities, and cryptocurrencies | MetaTrader 4/5, TradingView | 4.1/5.0 |
| SmartPropTrader | $100,000 | $497 | 90% | Forex pairs, commodities, indices, and cryptocurrencies | DXtrade | 4.7/5.0 |
| AquaFunded | $200,000 | $997 | 90% | Forex pairs, commodities, indices, and cryptocurrencies | MetaTrader4/5 | 4.5/5.0 |
| TheFundedTrader | $600,000 | $1,485 | 95% | Forex pairs, commodities, indices, and cryptocurrencies | MetaTrader4/5 | 3.9/5.0 |
| City Traders Imperium | $100,000 | $519 | 100% | Forex pairs, indices, metals, and commodities, | MetaTrader5 | 4.6/5.0 |
| FTMO | $200,000 | €1,080 | 80% | Forex, commodities, indices, stocks, and cryptocurrencies | MetaTrader4/5, DXTrade | 4.8/5.0 |
| Lux Trading Firm | $1,000,000 | £1,499 | 75% | Forex pairs, commodities, and indices | MetaTrader 4/5, TradingView | 4.3/5.0 |
Starting Off with MyFlashFunding | Why Look for Alternatives
MyFlashFunding, founded by CEO Blake Carter, is a pioneering U.S.-based proprietary trading firm that has taken the trading world by storm since its inception in 2023.
With a mission to empower skilled traders, MyFlashFunding offers a unique demo trading evaluation program that allows participants to showcase their trading prowess in a risk-free environment for a low upfront fee. Upon passing the evaluation, traders gain access to simulated funded accounts and the opportunity to earn simulated profit splits.
As Blake Carter continues to steer the company toward success, MyFlashFunding is poised to revolutionize the way trading capital is accessed in the years to come.
Seems like MyFlashFunding is a dream for any trader! 🤤So, why should you look for alternatives in the first place? 🤔
It is true that MyFlashFunding has made a name for itself with its innovative evaluation program and simulated funded accounts… it’s wise to compare its offerings with other top contenders in the industry!
1. Toptier Trader
TopTier Trader Key Features
TopTier Trader, a U.S.-based proprietary trading firm established in 2021, offers a compelling alternative to MyFlashFunding. With a mission to support the trading community, TopTier Trader provides funded accounts ranging from $5,000 to $300,000, along with competitive profit splits of up to 90%. Traders can showcase their skills through a two-phase challenge, trading a diverse range of instruments.
- Flexible account options: TopTier Trader offers three account types (Regular, Swing, and Plus) with balances ranging from $5,000 to $300,000, catering to traders with different styles and experience levels.
- Generous profit splits: Traders receive 80% of net profits from day one, which can increase to 90% for consistent success. The company retains a 10-20% share of the profits.
- Diverse trading instruments: TopTier Trader supports trading in forex pairs, commodities, indices, and cryptocurrencies, providing traders with ample opportunities to diversify their portfolios.
- MetaTrader 4 and 5 platforms: Traders can access the popular MetaTrader 4 and 5 platforms, which offer advanced charting, analysis tools, and mobile trading capabilities.
| Account Sizes | Pricing |
|---|---|
| $5,000 | $81.25 |
| $10,000 | $161.25 |
| $25,000 | $286.25 |
| $50,000 | $418.75 |
| $100,000 | $623.75 |
| $200,000 | $1,218.25 |
| $300,000 | $1,681.25 |
2. Blue Guardian
Blue Guardian is an emerging prop trading firm offering traders attractive funding opportunities and a user-friendly trading experience. As a compelling alternative to MyFlashFunding, Blue Guardian provides flexible account sizes, competitive profit splits, and innovative risk management tools. With a focus on empowering traders, Blue Guardian stands out for its commitment to supporting traders on their journey to success.
Blue Guardian Key Features
- Scalable funding opportunities: Blue Guardian offers account sizes ranging from $10,000 to $200,000, with the potential to scale up to $2 million. This flexibility allows traders to grow their accounts based on their performance and experience.
- Innovative Guardian Protector: Blue Guardian introduces a unique risk management tool called the Guardian Protector. It enables traders to set daily loss limits and prevents overtrading, providing a safety net for their trading capital.
- Competitive profit splits and payouts: Traders can earn up to 85% of their profits, with bi-weekly payouts available. Blue Guardian also offers instant payout requests through their user-friendly dashboard.
- Diverse trading instruments and platforms: Blue Guardian supports a wide range of trading instruments, including forex, cryptocurrencies, indices, commodities, and gold. Traders can access popular platforms like MetaTrader 4 and MetaTrader 5.
Unlimited Guardian
| Account Sizes | Pricing |
|---|---|
| $10,000 | $87 |
| $25,000 | $187 |
| $50,000 | $297 |
| $100,000 | $497 |
| $200,000 | $947 |
Elite Guardian
| Account Sizes | Pricing |
|---|---|
| $10,000 | $99 |
| $25,000 | $199 |
| $50,000 | $319 |
| $100,000 | $519 |
| $200,000 | $999 |
Rapid Guardian
| Account Sizes | Pricing |
|---|---|
| $10,000 | $97 |
| $25,000 | $197 |
| $50,000 | $297 |
| $100,000 | $497 |
| $200,000 | $947 |
3. FundedNext
FundedNext is an emerging proprietary trading firm that offers a compelling alternative to MyFlashFunding. With a global presence in over 195 countries and a community of 51,000+ funded traders, FundedNext provides access to substantial capital, ranging from $6,000 to $200,000, and a scaling plan up to $4 million based on performance. The firm’s key differentiators include a 15% profit share during evaluation, no time limits on challenges, transparent drawdown calculations, and competitive trading conditions.
FundedNext Key Features
- FundedNext offers four funding options – Two-step Stellar, One-step Stellar, Evaluation, and Express – catering to various trading styles and preferences.
- Traders can access MT4 and MT5 platforms through partnerships with Incenteco and GrowthNext, benefiting from user-friendly interfaces, customizability, and sophisticated trading tools.
- FundedNext provides an economic calendar highlighting crucial market events and a Trading Terminal allowing traders to draw on charts and manage trades efficiently.
- With an average payout time of 5 hours and monthly contests offering cash rewards and free accounts, FundedNext incentivizes and supports its traders.
2-Step Stellar Challenge
| Account Sizes | Pricing (Swap) | Pricing (Swap-Free) |
|---|---|---|
| $6,000 | $59 | $65 |
| $15,000 | $119 | $131 |
| $25,000 | $199 | $219 |
| $50,000 | $299 | $329 |
| $100,000 | $519 | $571 |
| $200,000 | $999 | $1,099 |
1-Step Stellar Challenge
| Account Sizes | Pricing (Swap) | Pricing (Swap-Free) |
|---|---|---|
| $6,000 | $59 | $65 |
| $15,000 | $119 | $131 |
| $25,000 | $199 | $219 |
| $50,000 | $299 | $329 |
| $100,000 | $519 | $571 |
| $200,000 | $999 | $1,099 |
Evaluation Model
| Account Sizes | Pricing (Swap) | Pricing (Swap-Free) |
|---|---|---|
| $6,000 | $49 | $54 |
| $15,000 | $99 | $109 |
| $25,000 | $199 | $219 |
| $50,000 | $299 | $329 |
| $100,000 | $549 | $604 |
| $200,000 | $999 | $1,099 |
Express Model
| Account Sizes | Pricing (Swap) | Pricing (Swap-Free) |
|---|---|---|
| $6,000 | $49 | $54 |
| $15,000 | $99 | $109 |
| $25,000 | $199 | $219 |
| $50,000 | $299 | $329 |
| $100,000 | $549 | $604 |
| $200,000 | $999 | $1,099 |
Non-Consistency Express Model
| Account Sizes | Pricing (Swap) | Pricing (Swap-Free) |
|---|---|---|
| $6,000 | $59 | $65 |
| $15,000 | $119 | $131 |
| $25,000 | $229 | $252 |
| $50,000 | $379 | $417 |
| $100,000 | $699 | $769 |
4. TopOneTrader
TopOne Trader is an established proprietary trading firm that provides funded trading opportunities to skilled traders. As an alternative to the recently launched MyFlashFunding, Top One Trader offers two unique funding programs: a two-step Pro Challenge and a one-step Flash Challenge. Traders can access up to $200,000 in funding and earn profit splits of 75-90%.
TopOne Trader Key Features
- Transparent trading rules, fast payouts with no minimums, and 100% refund of challenge fee upon passing. Consistent payouts are available every 30 days or bi-weekly with add-ons.
- Ability to scale funded accounts up to $5 million based on consistent profitable performance over 3-month periods. Every 3 months, accounts can be scaled by 25% of the initial balance.
- Favorable trading conditions such as no minimum trading day requirements, unlimited maximum trading period, holding trades over weekends, news trading, and EA usage allowed.
- Exceptional customer support and an inclusive trading community focused on nurturing and growing with funded traders. Top One Trader provides educational resources like the Top One Trader Blueprint coaching program to help traders succeed.
Pro Challenge
| Account Sizes | Pricing |
|---|---|
| $10,000 | $119 |
| $25,000 | $239 |
| $50,000 | $329 |
| $100,000 | $545 |
| $200,000 | $1,049 |
Flash Challenge
| Account Sizes | Pricing |
|---|---|
| $10,000 | $119 |
| $25,000 | $239 |
| $50,000 | $329 |
| $100,000 | $545 |
| $200,000 | $1,049 |
5. FTUK
FTUK is a leading proprietary trading firm based in London, UK that offers traders the opportunity to manage accounts up to $5,760,000. As an alternative to MyFlashFunding, FTUK provides both instant funding and evaluation programs with generous 80% profit splits and unique account scaling opportunities.
FTUK Key Features
- High account balances up to $5,760,000 and lucrative 80% profit splits for successful traders.
- The choice between instant funding or a clear 1-phase evaluation process to demonstrate proficiency.
- Opportunity to double account balance upon meeting profit targets, significantly enhancing earning potential.
- Reliable trading infrastructure with MetaTrader 4, MetaTrader 5, and TradingView platform options.
Evaluation Program
| Account Sizes | Pricing |
|---|---|
| $14,000 | $149 |
| $40,000 | $349 |
| $60,000 | $449 |
| $90,000 | $599 |
Instant Funding
| Account Sizes | Pricing |
|---|---|
| $14,000 | $200 |
| $40,000 | $550 |
| $60,000 | $750 |
| $90,000 | $1200 |
6. Smart Prop Trader
SmartPropTrader is a reputable proprietary trading firm founded in 2022 that offers traders competitive spreads, fast payouts, and the flexibility to trade forex, indices, commodities, and crypto. With a transparent fee structure and no hidden costs, SmartPropTrader reimburses the initial fee once a trader becomes funded and requests their first profit split.
Smart Prop Trader Key Features
- Low-profit targets of 7.5% in Phase 1 and 5% in Phase 2, with no minimum trading day requirements, allowing traders to progress quickly.
- Generous leverage of up to 1:100 on forex pairs and a high 85/15 profit split that can increase to 90/10 for consistently profitable traders.
- Scaling plan that increases a trader’s account balance by 25% every 3 months if they maintain profitability, along with a 2% increase in maximum drawdown.
- Dedicated customer support team that is responsive, knowledgeable, and committed to assisting traders, with an active Discord community for additional guidance.
Evaluation Program
| Account Sizes | Pricing |
|---|---|
| $10,000 | $97 |
| $25,000 | $197 |
| $50,000 | $297 |
| $100,000 | $497 |
7. Aqua Funded
AquaFunded is an innovative proprietary trading firm that empowers traders to succeed in the fast-paced world of forex. As a compelling alternative to MyFlashFunding, AquaFunded offers a unique blend of cutting-edge technology, transparent operations, and unparalleled support. With its commitment to recognizing the potential within each trader, AquaFunded provides a platform where talent meets opportunity, fostering an environment conducive to growth and profitability.
AquaFunded Key Features
- AquaFunded equips traders with real-time market data and sophisticated analytics, enabling them to make informed decisions and capitalize on emerging opportunities.
- Recognizing the diverse needs of traders, AquaFunded offers flexible funding options, allowing individuals to choose from various account sizes and scale their operations according to their risk tolerance.
- With an industry-leading profit split of up to 90%, AquaFunded ensures that traders retain the lion’s share of their hard-earned profits, providing a strong incentive for success.
- AquaFunded’s scaling plan allows profitable traders to grow their account balances up to a maximum of $2,000,000, facilitating long-term growth and financial independence.
Two-Phase Evaluation Challenge
| Account Size | Price |
|---|---|
| $10,000 | $77 |
| $25,000 | $197 |
| $50,000 | $297 |
| $100,000 | $497 |
| $200,000 | $977 |
Two-Phase Evaluation Challenge
| Account Size | Price |
|---|---|
| $10,000 | $77 |
| $25,000 | $217 |
| $50,000 | $317 |
| $100,000 | $517 |
| $200,000 | $997 |
8. TheFunded Trader
TheFunded Trader is a popular prop trading firm offering traders the opportunity to manage large capital with profit splits up to 90%. They provide various account types including two-step and one-step evaluation programs. Traders can access leverage up to 1:200 and trade forex, indices, commodities, and crypto.
TheFunded Trader Key Features
- Multiple challenge options with profit targets ranging from 8-10% and max drawdowns of 5-12%, allowing traders to choose a program that suits their trading style.
- Lax trading rules with no restrictions on strategies, along with the ability to hold trades over weekends and trade during news events.
- Vibrant trading community of over 85,000 members on Discord, providing support, trade ideas, and educational resources.
- Competitive pricing with fully refundable fees upon passing the evaluation, frequent discounts, and low minimum trading day requirements compared to other prop firms.
Standard Challenge
| Account Sizes | Pricing |
|---|---|
| $5,000 | $65 |
| $10,000 | $129 |
| $25,000 | $199 |
| $50,000 | $299 |
| $100,000 | $499 |
| $200,000 | $939 |
| $300,000 | $1,469 |
| $400,000 | $1,879 |
Rapid Challenge
| Account Sizes | Pricing |
|---|---|
| $5,000 | $79 |
| $10,000 | $129 |
| $25,000 | $229 |
| $50,000 | $299 |
| $100,000 | $499 |
| $200,000 | $899 |
Royal Challenge
| Account Sizes | Pricing |
|---|---|
| $50,000 | $289 |
| $100,000 | $489 |
| $200,000 | $939 |
| $300,000 | $1,399 |
| $400,000 | $1,869 |
| $50,000 | $289 |
Knight Challenge
| Account Sizes | Pricing |
|---|---|
| $5,000 | $59 |
| $10,000 | $99 |
| $25,000 | $189 |
| $50,000 | $289 |
| $100,000 | $489 |
| $200,000 | $939 |
Dragon Challenge
| Account Sizes | Pricing |
|---|---|
| $5,000 | $49 |
| $10,000 | $99 |
| $25,000 | $135 |
| $50,000 | $205 |
| $100,000 | $355 |
| $200,000 | $495 |
| $300,000 | $629 |
| $600,000 | $1,485 |
9. City Trader Imperium
City Traders Imperium is a reputable proprietary trading firm offering traders multiple funding options without the usual evaluation process. With a Trustpilot rating of 4.6/5 from over 1,000 reviews, CTI provides up to $4,000,000 in funding per trader. Their direct funding program allows traders to skip evaluations and start earning 60-100% profit splits immediately.
City Traders Imperium Key Features
- Variety of funding programs, including two-step evaluation, one-step evaluation, and no-evaluation options, catering to different trader preferences.
- Profit shares range from 50% to 100%, with the potential for monthly salary through a scaling plan.
- A wide range of tradable instruments, including forex pairs, commodities, indices, and cryptocurrencies, provide diverse opportunities.
- Excellent customer service and a large, supportive trading community on Discord with over 8,000 members.
2 Step Program
| Account Sizes | Pricing |
|---|---|
| $2,500 | $39 |
| $5,000 | $59 |
| $10,000 | $99 |
| $25,000 | $179 |
| $50,000 | $329 |
| $100,000 | $519 |
1 Step Program
| Account Sizes | Pricing |
|---|---|
| $4,000 | $59 |
| $10,000 | $149 |
| $20,000 | $299 |
| $40,000 | $499 |
| $60,000 | $749 |
| $80,000 | $999 |
No Evaluation Program
| Account Sizes | Pricing |
|---|---|
| $10,000 | $599 |
| $20,000 | $1,199 |
| $40,000 | $2,399 |
| $60,000 | $3,599 |
| $80,000 | $4,799 |
10. FTMO
FTMO is a leading proprietary trading firm that offers traders the opportunity to manage larger capital and earn substantial profits. As an alternative to MyFlashFunding, FTMO provides a well-established and reputable platform for traders to showcase their skills and potentially achieve financial freedom.
FTMO Key Features
- FTMO’s evaluation consists of the Challenge and Verification stages, designed to test traders’ consistency and risk management skills before offering them a funded account.
- Once traders pass the evaluation, they can earn up to 90% of the profits they generate on their funded account, providing a lucrative opportunity for skilled traders.
- FTMO allows traders to gradually scale their account size up to $400,000 as they demonstrate consistent profitability, enabling them to manage larger capital and potentially earn higher profits.
- FTMO enforces strict risk management guidelines, including maximum daily and overall loss limits, to ensure traders maintain a disciplined approach and protect the firm’s capital.
Evaluation Program
| Account Sizes | Pricing |
|---|---|
| $10,000 | €155 |
| $25,000 | €250 |
| $50,000 | €345 |
| $100,000 | €540 |
| $200,000 | €1,080 |
11. Lux Trading Firm
Lux Trading Firm is a reputable proprietary trading firm based in London, UK that offers traders the opportunity to trade with up to $10 million in capital. As an alternative to MyFlashFunding, Lux Trading Firm provides a career path for consistent, low-risk traders. Lux Trading Firm has a generous 75% profit split and a straightforward 2-phase evaluation process to access funding.
Lux Trading Firm Key Features
- Lux Trading Firm offers funding up to $10 million, with significant increases at each stage as traders demonstrate consistent profitability.
- Traders can access a wide range of markets including forex, indices, commodities, metals, stocks, and cryptocurrencies.
- The profit targets for the evaluation phases are 6% and 4% respectively, which are attainable for skilled traders.
- Lux Trading Firm is highly regarded, with a 4.5/5 rating on Trustpilot after 409 reviews, indicating a high level of trader satisfaction.
Two-Step Evaluation Challenge
| Account Sizes | Pricing |
|---|---|
| $50,000 | £299 |
| $200,000 | £599 |
One-Step Evaluation Challenge
| Account Sizes | Pricing |
|---|---|
| $1,000,000 | £1,499 |
Comparison of MyFlashFunding with its Competitors
No more time?! Take a fleeting look at this comparison:
| Feature | MyFlashFunding | Competitors |
|---|---|---|
| Account Sizes | Ranges from $10,000 to $200,000 | Similar ranges, with some offering up to $2,000,000 |
| Profit Split | Up to 80% for traders | Typically ranges from 50% to 90% |
| Trading Platforms | MetaTrader 4 and MetaTrader 5 | Various, including NinjaTrader, Rithmic, Tradovate |
| Leverage | Up to 1:100 for Forex | Varies, often up to 1:200 for Forex |
| Scaling Plan | Can scale up to $2,000,000 | Scaling options vary, some up to $5 million |
| Operational Base | United States | Many are based in the United States, and some globally |
FAQs Related to MyFlashFunding Alternatives
How do the profit targets and drawdown rules compare among MyFlashFunding alternatives?
Profit targets and drawdown rules vary among prop firms. For example, FTMO’s Challenge has a 10% profit target and 10% maximum loss, while The5%ers’ Rapid Challenge has a 6% profit target and a 6% maximum drawdown.
Which MyFlashFunding alternatives offer the fastest funding process?
Prop firms like Fidelcrest and Funded Next are known for their quick funding process. Fidelcrest provides instant funding upon passing the evaluation, while Funded Next offers a 4-hour fast-track verification for experienced traders.
Which MyFlashFunding alternatives provide the highest profit splits?
Prop firms like FTMO and City Traders Imperium offer profit splits up to 90%, which is higher than MyFlashFunding’s 80% profit split.
Do all prop firms allow EAs, news trading, and hedging like MyFlashFunding?
Not all prop firms have the same permissive trading policies as MyFlashFunding. Some may restrict the use of EAs, news trading, or hedging strategies.
Which MyFlashFunding alternatives have the most user-friendly trading platforms?
Most prop firms, including MyFlashFunding, offer the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Some firms may provide additional platforms like cTrader or proprietary web-based platforms.
Do all prop firms provide bi-weekly payouts like MyFlashFunding?
Not all prop firms offer bi-weekly payouts. Some may have monthly or even daily payout schedules.
Are there any prop firms with a more lenient KYC/AML process compared to MyFlashFunding?
Most reputable prop firms, including MyFlashFunding, require traders to complete a KYC/AML verification process before issuing a funded account. While some firms may have a more streamlined process, it’s unlikely to find a reputable firm that doesn’t require KYC/AML verification.
The Bottom Line
So, we have laid down the 11 best MyFlashFunding alternatives available out there!
Now, it is on you to carefully evaluate each firm’s unique features, profit splits, and trader support.
You can find the perfect match to catapult your trading career to new heights 💃💃
Don’t settle for mediocrity 🥴 – seize this opportunity to unlock your true potential and achieve the financial freedom you’ve always dreamed of.
Take action now and sign up for a top-tier prop firm that aligns with your goals and trading style.
With the right partner by your side, you’ll be well on your way to becoming a successful, profitable trader in no time.
Don’t wait – start your journey today and experience the thrill of trading with the best in the business! 💸
